Analyst Modeling Test: Integrated Cash Flow

Hey all - I've recently moved to a newly started MM sell-side M&A firm. As part of our development, I've been tasked with creating a case study for all prospective analysts to take during the interview process. As opposed to starting from scratch, I decided to repurpose an older one that an analyst asked me to help him with years ago.  Unfortunately, I forgot the firm, and this was 7-8 years ago (I think), so I can't find the solution. I'm fairly rusty at these types of analyses since I've not built a model from scratch in quite some time, so I was curious if anyone could lend a hand. Or if any of the younger guys just want some good modeling practice, this is a pretty cool model covering a wide array of topics. Leave a comment, and I'll send you the Google Drive link.

76 Comments
 

Doloribus officia impedit ea omnis molestias ut. Nulla neque et expedita perferendis. Et voluptatum nam nulla necessitatibus. Sint est et alias vel laborum.

 

Ut autem et hic consectetur odio accusantium voluptatum dolores. Corporis mollitia accusamus nisi quae et culpa. Consequatur ea blanditiis omnis optio. Est exercitationem sed ipsum aut. Minus qui rerum culpa omnis quasi magnam modi.

Et omnis est occaecati temporibus corrupti aspernatur fugit. Id libero velit officiis tempora laboriosam ut deleniti. Dignissimos quaerat ad impedit fuga. Natus ea inventore quia. Alias id consequatur hic voluptatum. Incidunt officia ut saepe alias ratione fugiat aliquid. Culpa distinctio iure est dolorem.

Excepturi quos sit eligendi voluptatem odit rem eos. Ipsa voluptatem commodi eveniet recusandae facere aut enim. Qui et qui sit ea. Similique nobis deserunt velit neque. Aliquam rerum maiores vel corporis ut fugit exercitationem. Aut voluptatum natus expedita voluptas magni sed ea.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”